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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Wells Fargo CFO Mike Santomassimo signaled an expected increase in net interest income (NII) for the second quarter of 2026. The bank reaffirmed its full-year 2026 NII target of $50 billion. Additionally, the CFO confirmed that the company remains on track to meet these financial objectives as previously projected.